Appointment of GM, Treasury Department for KIB
Reference to Capital Market Authority’s regulations concerning disclosure of substantial information and the mechanism for disclosing the same, and reference also to Article 4-1-1of Chapter Four (Book 10) of CMA’s executive bylaws issued on 9 November 2015.
Listed Company: Kuwait International Bank
Substantial Information:We would like to state that KIB has appointed Mr. Kareem Ul-Dein Mustafa Nameq Mohammad, as General Manager, Treasury Department, following obtaining the official approvals from the regulatory bodies. The aforementioned staff has assumed work in the bank effective from Sunday 18.9.2016.
Impact of the Substantial Information on the Company’s Financial Position: None.